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What is the area, in square centimeters, of an 8.5 inch by 11 inch sheet of paper
Operation of Law
Changes in legal status or rights that occur automatically due to existing legal rules, rather than through the action of any party.
Mutual Agreement
A concord reached by all parties involved, based on shared terms and conditions, often formalized through a contract.
Secured Lending
The practice of issuing loans backed by collateral, providing the lender with security in case of borrower default.
Collateral
An asset offered by a borrower to secure a loan or credit, which can be seized by the lender if the borrower fails to repay according to the terms of the loan.
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